reyex

It is difficult to predict the cryptocurrency market with certainty, but strictly analyzing the technical data, the current outlook looks quite bearish (negative) for several reasons:

​1. Sustained negative trend

The most concerning are the historical performance percentages at the bottom. All are in intense red:

​7 days: -12.71%
​30 days: -10.64%
​90 days: -29.07%
​180 days: -31.49%

​This indicates that it is not just a sudden drop today, but a long-term downward trend (a bear market). When an asset loses 30% of its value in 3 months, selling pressure is usually very strong and market confidence is low.